Product Description

The goal of all investors is to make the maximum profit from their investments. This work shows you how to do this by focusing on growth shares. The author believes he has discovered a major market anomaly that should enable both private and institutional investors to enjoy exceptional returns in the stockmarket. A number of important factors are crucial to successful investment. Jim Slater explains how to choose a company operating in the right sector with an advantage over its competitors. He also highlights the importance of directors dealings, CEO changes, relative strength, cash flow accelerating earnings and the capacity of some companies to clone their activities. The guidance offered in this book should help readers to make stockmarket profits well beyond the market averages.

Product Details

• Amazon Sales Rank: #659589 in Books
• Published on: 2000-11-16
• Original language: English
• Number of items: 1
• Binding: Paperback
• 214 pages

Amazon.co.uk Review
"Good investment is often a case of turning conventional wisdom on its head", says Jim Slater in the very first sentence of chapter one. He certainly goes against received wisdom in proposing that small investors eschew diversification and concentrate their energies and their capital on 10 to 12 stocks. However, more than being an extension of the Zulu Principle, this volume serves as a companion to his real magnum opus, Company REFS (Really Essential Financial Statistics).

Slater draws an early distinction between "value" and "growth" investing, but the true underlying contest is between growth investing and the "Efficient Market" hypothesis that holds that "everything that is known about a company" is reflected in the share price. The fulcrum of the argument is that there are growth shares that are underpriced because the market has not yet absorbed available information and consensus forecasts. Beyond the Zulu Principle is dedicated to elucidating and applying the tests for determining whether a growth share has further to run. Much of this book makes compelling and seductive reading although after the initial euphoria, the doubts began to intrude--particularly regarding the theoretical underpinning of the crucial PEG factor--the ratio of the prospective P/E and estimated growth in EPS--which, unlike its constituents, seems to be an arbitrary ratio and does not appear to measure anything. Likewise, some of the author's arithmetic has an engaging seat-of-the-pants frisson.

In the main, Beyond the Zulu Principle is well focused, commendably brief and rarely heavy going. There is one final reservation, however. The usefulness of this volume in the absence of Slater's REFS itself is a moot point. REFS claims to take all the slog out of the testing process, but it costs. Do you sincerely want to be rich? --David Meyer

Terry Bond, Proshare
Beyond The Zulu Principle is easy to read, understandable, enjoyable and enlightening. The nearest thing to a page-turner the sophisticated private investor will find on the financial bookshelves.

Terry Smith, Daily Express
This is Jim Slater's best book to date.

Customer Reviews

Grand but bland
A grand book, but far, far, far too much reference to Company REFS. I would prefer to spend the seven hundred pounds annual fee on buying good stocks. He gives the impression that without Company REFS, you've NO hope of choosing the winners by his method outlined in this book. Would have prefered the first Zulu Principle, as you can make the calculations from the Annual Reports. By all means it's a good method, but come on Jim, cut out the Company REFS stuff and help us to pick winners by this method by relating to the Annual Report. Be warned as well: many Fools on this site thinks the Slater bubble has burst. Think before trying this method!

Essential reading for those interested in growth stocks
This book builds upon "the Zulu Principle" and provides a solid approach to selecting shares that have excellent prospects for growth.

Some readers may see a conflict of interest as Slater regularly mentions Company REFS (the financial statistics service he helped devise) but he is right to assert this as one of the best methods of weeding out growth shares from hundreds of snails.

Use this book as a starting point to selecting growth shares, and hone Slater's methods to suit your particular style and risk-profit. I would recommend purchasing at least some of the books Slater recommends towards the end of the book.

Very concise and clear book
A fabulous guide to getting rich slowly and properly. Slater takes you though his system very carefully and very clearly. The Zulu Principle isn't new and with all great books (and films and bands) if it works - do it again! It isn't even necessary to get the previous book as it is repeated all here. One point which is quite annoying is that he constantly refers to his own products ie REFS which is good, although a little overdone. If you read this book properly you will be able to go to a library, pick up REFS and find good growth stocks. My choices since the Zulu Principle have been very good indeed and I regularly beat the market. Overall this is well set out - probably more of a rethink of the first book rather than an extension but nevertheless a thoughly rewarding read.